Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Friday called Illumina’s first-quarter results “very disappointing” and slammed the DNA sequencing company’s new plans to cut costs. The activist investor, who owns a 1.4% stake in Illumina, is […]
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Actively managed funds come with unique risks and rewards. Here’s how investors can pick a winner
The New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if traders choose carefully. Actively managed funds have […]
Series I bond rates fall to 4.3% amid cooling inflation
Series I bonds offer several advantages for investors, according to Ken Tumin, senior industry analyst at Lending Tree. “They’re exempt from state and local income tax, which gives them a little edge over certificates of deposit,” Tumin said. “And you don’t have to worry about the federal income tax until […]
House votes to restore solar panel tariffs, Biden vows to veto bill if it passes Senate
Workers install solar panels during the completion phase of a 4-acre solar rooftop atop AltaSea’s research and development facility at the Port of Los Angeles, in the San Pedro neighborhood, on April 21, 2023 in Los Angeles, California. Mario Tama | Getty Images The U.S. House of Representatives on Friday […]
Ron Insana says ‘to-the-death’ struggles over the debt ceiling do little to solve the problems the U.S. faces, but this could
A little over a decade ago, the U.S. nearly defaulted on its federal obligations in an unnecessary fight over raising the nation’s debt limit. Well, here we are again, with House Republicans, Senate Democrats and the White House locked in a to-the-death struggle over raising the debt ceiling again or […]
These are the 7 best large U.S. cities for starting a new business—New York and D.C. don’t fare well
Launching a small business is a challenge, especially these days. With that in mind, it makes sense to think long and hard about where to set up shop, weighing the various factors that could give you any much-needed advantage. That’s the idea behind the latest ranking of the best large […]
Tech giants are pouring money into A.I. as they cut costs elsewhere
Google launched Bard AI, it’s own chatbot to rival Microsoft and OpenAI’s ChatGPT. Jonathan Raa | Nurphoto | Getty Images Tech investors are eager to hear how much industry leaders are bolstering profitability now that they’re in cost-cutting mode. But there’s one area where they also want to see hefty […]
After being on pause for more than 3 years, student loan payments are expected to resume soon
Viktorcvetkovic | Istock | Getty Images Know your lender During the Covid pandemic, a number of the largest companies that service federal student loans announced they’ll no longer be doing so, meaning many borrowers will have to adjust to a new servicer when payments resume. Three companies that serviced federal […]
Want to trade options? Before jumping on the bandwagon, here’s what you need to know
Oscar Wong | Moment | Getty Images Options trading is booming. It’s also complicated — and if you don’t know what you’re doing, you can lose big. Options essentially allow you to bet on whether you think an asset is going up or going down. You can buy or sell […]
Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more
POLAND – 2023/03/21: In this photo illustration, a First Republic Bank logo is displayed on a smartphone with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. First […]